Fraud Feed

Home Depot to pay $17.5 million to settle huge 2014 data breach lawsuit

The Home Depot will pay $17.5 million to resolve investigations into its 2014 data breach that exposed the payment card information of about 40 million Home Depot customers across the nation. Hackers gained access to the company's network and put malware on its self-checkout system. Read more →


Apple to pay $113 million to settle claims it slowed down older iPhones to extend battery life

Apple will pay $113 million in a settlement which resolves charges that the company misled consumers about iPhone batteries and software updates that throttled processing performance in order to manage low battery power. Read more →


T-Mobile to pay $200 million for Sprint’s Lifeline program misuse

T-Mobile will pay $200 million to resolve an investigation of Sprint’s compliance with the Federal Communications Commission’s rules for the Lifeline program for low-income consumers. The payment is the largest settlement the FCC has ever levied.  Read more →


Anthem settles another lawsuit over massive data breach and agrees to pay nearly $40 million

Anthem has agreed to a $39.5 million settlement with 43 attorneys general over its massive 2014 data breach that involved the personal information of 78.8 million Americans. In addition to the payment, Anthem, one of the largest health insurance companies in the United States, has agreed to data security and management provisions designed to strengthen its practices. Read more →


California gets its own consumer financial protection agency

Gov. Gavin Newsom signed a bill Friday establishing a Department of Financial Protection and Innovation to protect consumers from financial predators and abusive business practices. “While the federal government is getting out of the financial protection business, California is leaning into it,” Newsom said. Read more →